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Mathematical Economics

Course Name : Mathematical Economics

Degree: Bachelor

 

Code

 

 

Year/Semester

 

Local Credits

 

ECTS Credits

 

Course Implementation, Hours/Week

Course

Tutorial

Laboratory

EF 211

2/1 (Fall)

3

6

2

1

-

Department

Economics and Finance

Instructors

 

Asst. Prof. Dr. S. Meral Çakıcı

Contact Information

 

e-mail: smcakici@pirireis.edu.tr

Office Hours

Monday 10:00- 12:00

Web page

-

Course Type

 Compulsory

Course Language

English

Course Prerequisites

  EF 124

Course Description

Introduction, review of fundamentals in mathematics, sequences, series and limits, introduction to univariate calculus and optimization, continuity of functions, derivative and differential for univariate functions, optimization of univariate functions, introduction to multivariate calculus, calculus of multivariate functions, optimization of multivariate functions, constrained optimization, economic applications

 

Course Objectives

 

1. To equip students with the mathematical fundamentals employed in economic theory

2. To enable students to have information about the use of mathematics in areas such as theory of demand and supply, industrial organization, labor markets, and economic growth

 

Course Learning Outcomes

 

Students that complete the Mathematical Economics-EF 211 course successfully are able to

  1. Identify the basic fundamentals of mathematics employed in economics
  2. Explain and apply univariate calculus and optimization
  3. Describe and apply continuity, derivative and differential as well as optimization of functions
  4. Analyze calculus and optimization of multivariate functions
  5. Identify and evaluate constrained optimization and its economic applications

Instructional Methods and Techniques

Presentation of Theory and Problem Sessions

Tutorial Place

-

Co-term Condition

-

Textbook

“Mathematics for Economists” by Carl P. Simon and Lawrence Blume, W. W. Norton & Company, 1994.

Other References

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Homework & Projects

Problems, that are similar in spirit to those solved during the Problem Session, are assigned to students for better understanding and enhancement of topics.

Laboratory Work

-

Computer Use

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